Ores and metals exports (% of merchandise exports) — all countries

Ores and metals exports (% of merchandise exports) — Southern Europe

Ores and metals exports (% of merchandise exports) in Southern Europe in 2024 — 3.11%. Since 2006, the indicator has fallen by 0.03 pp.

2024 3.11% +0.13 pp vs 2023
World rank
Period maximum 3.62%2021
Period minimum 2.34%2009

Trend over time

2006–2024 · % of merchandise exports

Ores and metals exports (% of merchandise exports) — Southern Europe, 2006–202422.533.5420062008201020122014201620182020202220242006: 3.14%2007: 3%2008: 2.65%2009: 2.34%2010: 3.07%2011: 3.3%2012: 3.08%2013: 2.87%2014: 2.84%2015: 2.83%2016: 2.67%2017: 3.04%2018: 3.1%2019: 2.96%2020: 2.98%2021: 3.62%2022: 3.5%2023: 2.98%2024: 3.11%
Change over the period: −0.03 pp Annual average: 0 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Southern Europe

Southern Europe 3.11%
World 4.02%
Ores and metals exports (% of merchandise exports) — Southern Europe, by year Southern Europe All countries CSV XLSX
Year % Change, pp
2024 3.11 +0.13 pp
2023 2.98 −0.52 pp
2022 3.5 −0.12 pp
2021 3.62 +0.64 pp
2020 2.98 +0.02 pp
2019 2.96 −0.14 pp
2018 3.1 +0.06 pp
2017 3.04 +0.37 pp
2016 2.67 −0.16 pp
2015 2.83 −0.01 pp
2014 2.84 −0.03 pp
2013 2.87 −0.21 pp
2012 3.08 −0.22 pp
2011 3.3 +0.23 pp
2010 3.07 +0.73 pp
2009 2.34 −0.31 pp
2008 2.65 −0.35 pp
2007 3 −0.14 pp
2006 3.14

About the indicator

The share of ores, concentrates, non-ferrous and ferrous metals in merchandise exports. This is the second measure of commodity dependence after fuel, and the difference between them is meaningful: fuel is burned while metal stays in circulation, so a metallurgical specialization is more robust than an oil one to the shift to renewable energy — and demand for copper, lithium and nickel is exactly what that shift raises.

Important: Ores and metals together, with no split between raw material and processing: a country exporting concentrate and a country exporting rolled steel look the same by this indicator.

Source: UNCTADstat (UNCTAD), license CC BY 3.0 IGO.